Apple Leaves Nest Thermostat Out in the Cold

Apple reportedly has pulled the Nest smart thermostat from both its online and brick-and-mortar stores, possibly paving the way for its own line of smart home appliances. The thermostat disappeared from Apple's product offerings earlier this month. Apple's stores now are selling the Ecobee 3, a thermostat that works with Apple's HomeKit, an Internet of Things platform that's part of iOS.
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Amazon Reaps What It Sowed

Amazon's market capitalization on Friday reached $270 billion, surging past Walmart, following a surprisingly strong second quarter earnings report. That amounted to a $46 billion boost in investor confidence, with shares hitting a record high of $580.57.
Analysts had projected that Amazon would take a hit in its second quarter. Instead, it reported a profit of $92 million.
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